Immutable X Price Prediction 2023-2030

Latest Immutable X Token Price

IMX Price Chart

IMX Price Performance so far

• Year To Date (2023): +85.7%
• Last 12 Months: -5.2%
• Since Launch (2021): -86.2%

Exchange Dominance – Binance: 19.4%

September 21st

IMX NFT Statistics – Sales are down by 5% and ranked 5th in the past 30 days. Total Buyers rose by 18% to 12,759. By this metric, IMX is significantly undervalued versus Solana.

Gaming Statistics – In terms of Volume, Gods Unchained is ranked 54th (UAW: 7.5k) [Trending Higher]. According to Immutable, ‘Cross the ages’ has crossed 100k downloads. However, Dappradar reports just 2.12k active wallets (last 30 days)

Immutable zkEVM Update

Immutable zkEVM, a product of a partnership between Immutable and Polygon, is a EVM-compatible chain designed specifically for the gaming sector. This chain blends the advantages of zk-rollup technology with the capabilities of the Ethereum ecosystem. Unlike general-purpose chains, Immutable zkEVM is optimized for gaming, emphasizing scale, speed, and user experiences. Beyond just providing tools for developers, it aims to support game studios through liquidity, community engagement, and strong network effects. Its capabilities allow developers to monetize their games better, safeguard their community, and offer seamless user experiences. With the launch of the Immutable zkEVM Testnet, developers can now freely develop or transfer smart contracts on the platform, utilize in-game assets, and fast-track their development process in a secure testing environment.

IMX Price Prediction Today, Tomorrow and Week

• IMX Immutable X Price Prediction in the next 24 hours is between $0.549 and $0.574
• IMX Immutable X Price Prediction this week is between $0.531 and $0.604

IMX Price Prediction 2023, 2025 and 2030 (Aggregated)

• IMX Immutable X Price Prediction 2023 is $0.791
• IMX Immutable X Price Prediction 2025 is $2.15
• IMX Immutable X Price Prediction 2030 is $10.8

Can IMX Token Reach $10?

ImmutableX needs to grow by around 10.75 times from its current price to reach a price level of $10.

Furthermore, IMX’s all-time high price value is $9.3 which it achieved in November 2021. Moreover, IMX’s price increased by around 2.95 times in just one month.

Therefore, IMX needs around 3.64 months to reach $10. However, it might take more time depending upon the macro and micro economic conditions (such as inflation and liquidity) of the market.

Immutable X Price Prediction: Is Immutable X a Good Investment?

Immutable X is a Layer-2 protocol on Ethereum for NFTs that aims to provide the security and network effects of Ethereum with a better user experience. It achieves this by using a ZK-Rollup Scaling Engine, API Abstraction Layer, NFT-enabled Wallets, Platform SDKs, Shared Liquidity and Orderbook, and a Default Marketplace and transaction History Explorer. The protocol generates revenue through fees charged on primary asset sales and NFT trades.

1. Immutable X is designed to make NFT trading easier, and legally compliant, and supports all Ethereum-based crypto wallets.
2. Immutable X funds itself by taking a 2% stake in all NFT sales and trades.

ImmutableX is known for games like Gods Unchained and Illuvium on its platform.

IMX Token

Immutable X Token IMX is an ERC-20 utility token used on the Immutable X protocol as a form of reward for pro-network activities like trading, liquidity provision, and building applications. 20% of Immutable X’s protocol fee must be paid in IMX tokens, or it will be automatically swapped for IMX on the open market. The token has three core uses

• Fees,
• Staking
• Decentralized governance.

Overall, IMX appears to be a good investment with a good use case focused on NFTs.

Will IMX Go up?

Yes, IMX will certainly go up. Here are 3 major reasons why

1. As explained earlier, IMX is a good investment case.
2. One of IMX’s strongest competitors is Solana. Solana is a Layer-1 blockchain but has concentrated strength in NFTs. Solana is the second-largest player in the NFT space. In the last 30 days, $28 M Solana-based NFTs were sold. This is 40% higher than Immutable X. Solana’s market cap is nearly 8 billion or 10x IMX. Correcting Solana’s presence in DeFi (Small), IMX is perhaps undervalued by half.
3. Most experts are forecasting that major cryptos will rise this year, and IMX will certainly benefit from the growth.

Immutable X Price Prediction: Where to Buy ?

1. Kraken – Kraken is a well-known cryptocurrency exchange where users may buy, sell, and trade various cryptocurrencies. It has modern trading tools, rigorous security measures, and a large number of supported cryptocurrencies for trading.
2. KuCoin – KuCoin is a global cryptocurrency exchange that allows you to buy, sell, and trade different cryptocurrencies. It has an easy-to-use interface, a large selection of cryptocurrencies, cheap trading costs, and user-friendly features like staking, lending, and a referral programme.
3. ByBit – Bybit is a well-known cryptocurrency derivatives exchange that focuses on providing leveraged trading for cryptocurrencies such as Bitcoin, Ethereum, and others. It offers perpetual contracts, futures contracts, and options, as well as powerful trading tools, low costs, and an easy-to-use interface.

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.